A British computer programmer is behind a digital currency whose value has soared in a matter of months to $32bn. Gavin Wood was previously a research scientist at MicrosoftIn the past six months, blue-chip companies from BP to JP Morgan and Microsoft have endorsed ether, a rival to the best-known cryptocurrency bitcoin, and it has exploded in value by 4,400%. A 37-year-old former Microsoft research scientist called Gavin Wood wrote “100% of the code” for the currency, according to Brock Pierce, an early investor in both Ethereum, the computing platform behind ether, and bitcoin. Wood now runs a company called Parity Technologies, which has created a browser for the Ethereum network. The business lists a London address but Wood lives in Switzerland, according to Companies House filings.
A few years ago Richard Hammond was asked to drive a car down a runway, and somehow he ended up on his head and then in a coma for a few weeks. And now, having established he can’t drive in a straight line, he has proved he can’t drive round corners either. All he had to do was drive a small electric car up a Swiss hill, which he managed, but then somehow, on a left-hand bend after the finish line, he lost control, rolled down a bank and ended up in a hospital. At this rate he will get to the point where he forgets how to get undressed at night. He’ll put his clothes on in the morning and then assume they…
The world of sun protection can be a hotbed (pardon the pun) of contradictions and misinformation when, quite frankly, all we want to do is face-plant onto a lounger by the pool. But getting clued up on your SPF will ensure that you and your skin have a summer neither of you will regret. Here are just some of the common myths still circulating: a base tan won’t “protect” you against sunburn; nor will a quick spritz of sun lotion (most of us still apply less than half the recommended amount, which is a shot-glass-full all over, including face, each time you apply). And just because your foundation contains an SPF, it doesn’t mean you’re covered. “Most foundations have an SPF of 15 or 20,…
The planned strike comes just weeks after 75,000 BA passengers were stranded by an IT failure DANIEL LEAL-OLIVASBritish Airways is to spend millions of pounds leasing nine aircraft and crews from Qatar Airways in an attempt to break a 15-day strike that is due to start on Saturday. The strike by cabin crew, the longest yet in a bitter dispute, will begin just five weeks after 75,000 BA passengers were stranded because of a catastrophic IT failure. Members of the Unite union who work for BA’s “mixed fleet” will walk out from July 1 to 16. The union claims staff who previously walked out in a dispute over “poverty pay” are being hit by “sanctions”, including cutting bonus payments and travel concessions. There have already been 26 strike days during the dispute.
Oil-producing countries agreed to cut supply, but it appears to have had little impact JOE KLAMAR/AFP/GETTYOil prices could sink back below $40 a barrel as Opec struggles to convince traders that its production cuts have eased a global supply glut. A return to the ultra-low prices seen early last year would help to ease the pressure on British consumers, but could revive fears of financial instability in the Middle East and beyond. The global Brent crude benchmark ended last week above $45 a barrel after a heavy sell-off, which took losses over the past month to nearly 20%. Some analysts believe further declines are in store, with bets on the chances of a price rebound having fallen to the lowest level in almost a year. “The market is losing faith in Opec’s production cuts,” said Amrita Sen of the consultancy…
The president of the High Court has publicly criticised the government’s plan to reform the system of appointing judges, describing it as “ill advised”. In comments made at an event hosted by the Dublin Solicitors Bar Association last Friday night, Peter Kelly described as “ill conceived” the decision to fast-track a Judicial Appointments Commission Bill that will create a new body with a lay chairman and lay majority to recommend judicial appointments to government. A source at the event said Kelly compared the haste with which the government plans to pass the bill with the long delay in passing the Civil Liability (Amendment) Bill, which would allow courts to make periodic payment orders in cases of catastrophic injuries. Senior judges, the Bar of Ireland and…
Roomy at the topDublin 6, €475,000Not all 1990s apartment schemes were of the shoebox variety. This top-floor home measures 86 sq m, and has three double bedrooms, one of which overlooks the grounds of St Mary’s College. The bathroom is newly tiled and semi-solid oak floors have been laid in some of the rooms. The apartment has access to a south-facing communal roof terrace and has a designated parking space in the underground car park. Agent: sherryfitz.ieThey say: Ideal for anyone looking for that trendy city padWe say: Owner-occupiers will have to get in there before the investors do.
They are growing up here and think of themselves as British, but tens of thousands of children are waiting anxiously to hear if they will gain citizenship after Brexit. They include children from the same family in which one child has a British passport, but their sibling does not. Some will feature in a Channel 4 Dispatches documentary to be broadcast tomorrow that explores the complexity of trying to become a British citizen. The programme, Brexit — How to Get a British Passport, estimates there are 500,000 children born or raised in the UK who will not gain citizenship automatically. Luca Furbatto is an Italian mechanical engineer married to Veerle, a Belgian translator.
England will face their old foes Germany in the semi-finals of the European Under-21 Championship after a Federico Bernardeschi goal also sent Italy through to the last four. Aidy Boothroyd’s side will now be quietly confident of adding to their success at the Under-20 World Cup when they reconvene on Tuesday night, having enjoyed two extra days to prepare. Germany came into the game having scored five goals without reply in victories over both the Czechs and Denmark. In contrast, Italy fielded five full internationals in their starting lineup, with Milan’s teenage sensation Gianluigi Donnarumma in goal. Their surprise defeat to the Czech Republic in their second match meant Luigi Di Biagio’s team were more in need of the result.
June 24, 2017 21:26 UTC
The signs from the Labour leadership are that they aren’t interested in any collaboration and would rather try to hang “Tory Brexit” around the government’s neck. In this soft version of Brexit, Britain repatriates some powersfrom Brussels, but retains membership of the European Economic Area and remains within the single market for most intents and purposes. Just as Clean Brexit is really just another way of saying Hard Brexit. See also A Red, White and Blue Brexit (T May), A Workers’ Brexit (J Corbyn) and A Dog’s Brexit (I’ve just made that up). Many businesses say it would mean a nightmare as tariffs and non-tariff barriers were erected between UK and EU trade.
June 24, 2017 21:11 UTC
Mélenchon declared they were there as “opposition MPs in the service of the people”. He had begun as he means to go on for the next five years – going head-to-head with president Emmanuel Macron’s La République en Marche (La REM) majority government. It is a battle that will be fought in parliament and – as Mélenchon has made it clear – out on the streets if necessary. Pierre Gattaz, head of the French business leaders’ organisation Medef, dismissed the idea of Mélenchon leading any kind of credible opposition to Macron. If not, “we will be looking at Mélenchon and Le Pen in the second round in 2022,” he said.
June 24, 2017 20:26 UTC
The unions’ intervention followed a call from Hilary Benn, the Labour chair of the Brexit select committee, who wants the party leadership to shift position and support staying in the customs union rather than rejecting the possibility outright. Frances O’Grady, the general secretary of the TUC ,is known to back single market membership. She tweeted earlier this year: “If we leave the single market, working people will end up paying the price. “The simplest way to do that is to remain in the customs union,” he said. She said there was a growing view across parliament that membership of the customs union, at least, had to be kept on the table in Brexit negotiations.
June 24, 2017 20:00 UTC
“When somebody tells me my son is dead, when they have fingerprints, I believe them,” Kerrigan said. It’s horrific Carole Meikle“We thought we were burying our brother,” Meikle said. Eleven days later, Frank Kerrigan got a call from a friend. Easton said the coroner’s office provided the Kerrigan family with a name of that person, but the identification had not been independently confirmed. The mistaken death identification led the federal government to stop disability payments for her brother, Meikle said.
June 24, 2017 19:52 UTC
The prime minister said the government was working with councils, including Camden, “making sure that the resources are there to ensure that what is needed to keep people safe is done”. Across government, ministers have been ordered to look again at fire safety policies in their departments. It also said it “no longer includes an expectation that most new school buildings will be fitted with them”. Facebook Twitter Pinterest Last October, schools minister Nick Gibb said the inclusion of sprinklers in new school buildings would add 2%-6% to the cost of works. He said the number of fires in schools had declined and pointed out that “including sprinklers in new school buildings would add between 2% and 6% to the cost of works”.
June 24, 2017 19:30 UTC
After all the meticulous planning that has gone into this World Cup, it was on the field that things went awry. England opened their campaign with defeat to India by 35 runs, put to the sword by expansive batting but put to bed by their own mistakes. England need 282 to beat India in Women's Cricket World Cup – live! Despite England’s record since the 2013 World Cup of winning 11 and losing three after batting first, they opted to bowl in overcast yet, ultimately, benign conditions. Smriti Mandhana’s 90 in her first World Cup match set the tone, while Mithali Raj’s 71 finished it with style, but it was Punam Raut’s 86 that smarted the most.
June 24, 2017 19:08 UTC